Last Updated on November 16, 2023 by Robert C. Hoopes
LinkedIn has recently unveiled its Top MBA Programs 2023, a list that ranks the top 50 American business schools for career growth. This ranking, similar to other popular rankings such as U.S. News & World Report and Bloomberg Businessweek, aims to help prospective students make informed decisions about their MBA choices. However, questions have arisen regarding the credibility of the LinkedIn ranking due to its lack of transparency in methodology.
The LinkedIn ranking is based on five key pillars: Hiring and Demand, Ability to Advance, Network Strength, Leadership Potential, and Gender Diversity. These pillars serve as indicators of a business school’s overall performance. One notable aspect of this ranking is that it focuses on outcomes instead of measures such as GMAT scores and acceptance rates. This approach provides a more comprehensive view of how MBAs are faring in their early years after graduation.
To be considered for the ranking, a business school must meet certain criteria. By August 31, 2023, the school must have at least 2,000 alumni, with a minimum of 500 alumni having graduated between 2018 and 2022. This requirement ensures that the ranking includes a significant number of recent graduates.
While the LinkedIn ranking offers valuable insights, it does have some limitations. One significant drawback is the absence of index scores, which would allow readers to compare numerical differences and assess the weight of each measure within the ranking. This omission makes it challenging for users to fully understand the ranking’s methodology and its implications.
Furthermore, the LinkedIn ranking raises questions about how it treats different companies and industries. It is uncertain whether all business schools are treated equally in the ranking process. These concerns contribute to doubts about the credibility of the LinkedIn ranking.
In conclusion, the LinkedIn Top MBA Programs 2023 ranking provides valuable information on the career growth offered by American business schools. However, its lack of transparency in methodology and absence of index scores raise concerns about its credibility. Prospective MBA students should consider consulting multiple rankings and digging deeper into the methodologies before making their decisions.